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5-Unit Apartment Building
New
For Sale
$1,700,000

1642 S Orange Dr, Los Angeles, CA 90019

Apartment property with uniform two-bedroom layouts, in-unit appliances, and recent work to the parking and retrofitting structure.

Property Size4,352 SF
Days on Market4

Property Features for 1642 S Orange Dr

General Information

Standard status Active
Size 4,352 SF
Property subtype MULTI_FAMILY

Units

Unit Mix 5 x 2BR/1BA
Multifamily Units 5

Building Details

Building Size 4,352 SF
Year Built 1938
Listing Agency: Carolwood Estates
Listed By: Nathan Bishop · License #01924217
Source: Rochellemaize
Added: Sep 15 Changed: Sep 17 Last Checked: Sep 17 at 2:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carolwood Estates

Investment Insights

Based on property information with market context.

Built in 1938, this five-unit apartment property offers a consistent unit configuration, with each residence containing two bedrooms and one bathroom. Interiors include wood and tile flooring, kitchen appliances, cabinet storage, and additional bathroom storage. The bedrooms receive natural light, and the layouts provide functional living areas with built-in storage throughout.

Recent work has been completed on the parking area and retrofitting structure. The property is located at 1642 S Orange Dr in Los Angeles, California 90019, near shopping, dining, entertainment, and everyday retail amenities. Nearby businesses named in the property information include Roscoe's Chicken & Waffles, Michaels, Ulta Beauty, Lowe's, and Planet Fitness. Interior access is available with an accepted offer only.

Key Highlights

  • Five‑unit apartment property built in 1938
  • All five units offer 2 bedrooms and 1 bathroom
  • Wood and tile flooring, kitchen appliances, and cabinet storage

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Travel Agency Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,923
Businesses Nearby

Demographics for 90019, CA

62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment property with uniform two-bedroom layouts, in-unit appliances, and recent work to the parking and retrofitting structure.
Where is this apartment building located?
The property is located at 1642 S Orange Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Five‑unit apartment property built in 1938; All five units offer 2 bedrooms and 1 bathroom; Wood and tile flooring, kitchen appliances, and cabinet storage
More about this property
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